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Senate Republicans on Thursday blocked a bipartisan tax package that would have temporarily expanded the child tax credit and restored some business tax benefits. The bill failed to advance in a ...
A bill aimed at expanding the child tax credit for millions of families and implementing business tax breaks failed to progress through the Senate during a key test vote Thursday afternoon. Joe ...
A sweeping tax bill that passed the House in an overwhelmingly bipartisan vote on Wednesday is swiftly running into obstacles in the Senate, throwing the fate of a major piece of legislation that ...
He told NBC News this week that the bill is inadequately funded and doesn’t have enough conditions on the child tax credit to win his vote. Sen. Thom Tillis, R-N.C., adamantly opposes the bill ...
Senate Majority Leader Chuck Schumer, D-N.Y., declined to say Wednesday when the tax bill would come to a vote and whether it would be amended. "I support the tax bill," Schumer told reporters.
Three years ago, the American Rescue Plan Act exempted unemployment compensation up to $10,200 from federal tax. Specifics in the bill changed as it moved between the House and Senate, and changed ...
The bipartisan vote also came after days of behind-the-scenes wrangling among members of Johnson’s Republican caucus over whether to amend the deal to address issues like the state and local tax ...
The House voted on Wednesday evening to pass a $78 billion bipartisan tax package that would temporarily expand the child tax credit and restore a number of business tax benefits.